Sui-based DEX Cetus faces a governance vote on a $162M recovery plan following a recent exploit. This raises questions about centralization and the future of DeFi security.
Tag: Cybercrime
Sui Validators Vote on $162M Cetus Recovery Plan: What It Means for the Ecosystem
Following a significant exploit on the Cetus DEX, Sui validators are voting on a proposal to recover $162 million in frozen funds. This decision and the subsequent recovery plan could have major implications for the Sui ecosystem.
Crypto Investor Loses $2.6M to Double Zero-Value Transfer Phishing Scam: A Deep Dive
A cryptocurrency investor was victimized by a sophisticated double phishing scam, losing $2.6 million in stablecoins within three hours. Learn about zero-value transfers, a growing threat, and how to protect yourself.
Coinbase Faces Data Breach Lawsuit: Stock Drop and Regulatory Issues
Coinbase is embroiled in a new class-action lawsuit following a data breach disclosure. Investors claim stock price declines and an alleged breach of a UK regulatory agreement caused significant financial losses. This article examines the details of the lawsuit, the data breach, and the potential impact on Coinbase.
Cetus DEX Hack: Dedaub’s Post-Mortem Reveals Root Cause and Community Debate
A deep dive into the Cetus decentralized exchange hack, Dedaub’s analysis of the exploit, the controversial decision to freeze stolen funds, and the broader implications for DeFi security and centralization.